ANKARA, Turkey, July 15, 2014 – Aselsan, the Turkish defence industry
leader, today announced it signed a Memorandum of Understanding on the 6th
of June, 2014 with AeroVironment, Inc.,
a worldwide technology solutions provider and leader in unmanned aircraft
systems, and Altoy Defence Industries
and Aviation Inc., a Turkish joint venture partially owned by AeroVironment.
The agreement establishes the first step
towards future collaboration on civil and military avionics, electronics and
electro-optical systems, sensors and communication systems. Solutions for Intelligence Surveillance and
Reconnaissance applications such as electro-optical cameras, avionics and
communication systems for AeroVironment’s
“Global Observer – High Altitude Unmanned Air Vehicle” would be developed and
presented to target international markets by ASELSAN.
By working together through this agreement,
the parties aim to access new markets and explore potential opportunities in
ASELSAN Vice President and MGEO Division
CEO Mr. Ozcan KAHRAMANGİL said: “In addition to its leading role in the Turkish
electronics industry, ASELSAN will achieve a broader product range and greater
access to global markets through its relationship with AeroVironment and Altoy
Defence Industries and Aviation Inc. We
believe that the synergies generated through this collaboration will deliver
innovative solutions and create a notable distinction of worldwide success to
AeroVironment Senior Vice President Mr. Roy
MINSON stated: “We look forward to a successful collaboration with Turkey’s
leading defence electronics company to deliver uniquely valuable solutions that
produce successful outcomes for customers.
We believe that opportunities exist for our companies to expand our
markets with competitive products and solutions for Turkey and export markets.
The President of
Altoy Defence Industries and Aviation Inc., Mr. D. Halit YILMAZ declared: “The
collaboration will create innovative solutions to the expanding global markets
and leverages the companies to worldwide scope.”